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and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a huge difference in the outcome of this election if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then you will see a huge difference america has a huge dept more than sixteen billion dollars that is more than one hundred percent of g.d.p. and the next four years will be about who pays for that and i can tell you it will be a huge difference was obama controls the white house or mitt romney controls the wh
and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a...
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that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to the break i had gentlemen. well the fact is we don't know what obama would do in a second term in the first term he was very constrained to a large extent by getting elected in a second term and the other one people overlook is they see obama as a standard mean stream american that they grew up in hawaii in a very different culture we don't know what barack obama really expects and it's quite possible that he's a populist on the scale ok gentlemen we have to go to a short break and after that show break we'll continue our discussion on the us political system stay our team. and you can. download the official publication. choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch on t.v. onl
that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to the break i had gentlemen. well the fact is we don't know what obama would do in a second term in the first term he was very constrained to a...
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will miss its deficit targets this year we spotted nigel farage she is leader of the u.k. independence party he says david cameron's policies are not bringing any meaningful change though to the recession ravaged economy there. you know when david cameron talks about austerity what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but national debt in the u.k. will increase by forty percent so i think we're having an entirely false debate david cameron is calling the british public into thinking that he's actually really cutting back at the levels of debt in our country and it's not true i think that the david cameron and george osborne combination. put together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around but i think the conservative party is in for a really
will miss its deficit targets this year we spotted nigel farage she is leader of the u.k. independence party he says david cameron's policies are not bringing any meaningful change though to the recession ravaged economy there. you know when david cameron talks about austerity what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but national debt in the u.k. will increase by forty percent so i think we're...
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to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifteen of the next general election september's attack on the u.s. consulate in been gaza libya which killed ambassador was an organized terror act not part of a mass protest that was the bottom line of wednesday's congress hearing an incident of says responsible for the safety of u.s. grounds in libya testified security security and severely decayed had severe hatchets a decade since the ousting of nomic retired cia officer ray mcgovern says the congressmen are trying to score points and set of getting to the root of the problem. this is a political carnival this is represented trying to make political points now they're trying to get hillary clinton for a lack of understanding what security is needed that's not where they should try to get what. they should get it will be
to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifteen of the next general election september's attack on the u.s. consulate in been gaza libya which killed ambassador was an organized terror act not part of a mass protest...
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there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and countries that should increase their consumption for example germany well they don't want to do that because they feeling pleasure they're not even a part of a union they are behaving as a single separate country this is the problem we have got to and of course looking to the future generation new data from greece now shows that more than fifty four percent of young people are out of a job spain is not far behind are these countries losing a lost generation or you know what they just pick up sticks and go elsewhere. well of course and in fact many people eager spain are learning german it's become the saf
there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and...
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the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government share of spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy not hugely coherent which is very important if cameron wants to gain this reputation is had in the past for huge compton's something he didn't mention which i have to say i wasn't really expecting was scotland of course we had recently that the stalemate between london and on as a holding a referendum on its participation in the u.k. david cameron will meet with premier alex salmond on monday to hash out the details but what we're hearing is that there will be a referendum held in. two thousand and fourteen i simple yes no question as to whether scotland will remain part of the u.k. and of course the major thing that david cameron does not want is to be the man who is in charge over the break up of the k. . of the let's get more the pros and cons of scott was possible independence and talk to gerry purvis he's leader of devo plus which campaigns
the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government share of spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy not hugely coherent which is very important if cameron wants to gain this reputation is had in the past for huge compton's something he didn't mention which i have to say i wasn't really expecting was scotland of course we had recently that the...
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in its deficit reduction programs but it needs to do something else but what they don't explain is how doing something else can we make consistent with a reduction in government borrowing. you know government produces borrowing they say must reduce its borrowing then it's hard to know how it's going to do something else because unless it raises taxes for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position a more or less there's no alternative to. but astaire it isn't a growth policy therefore the government should do something else but when it when you actually asked them what should it do they get all vague. i think they should cancel a lot of the a stereotype policy i think they should cancel the cuts in capital spending particularly and because of that that those schemes were ready to run when the coalition took office and they have been put into cold storage they could be this is buildings building schools building and building houses hospitals all these projects that were canceled because the gov
in its deficit reduction programs but it needs to do something else but what they don't explain is how doing something else can we make consistent with a reduction in government borrowing. you know government produces borrowing they say must reduce its borrowing then it's hard to know how it's going to do something else because unless it raises taxes for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position a...
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ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying you know we want to make the american navy smaller than it was before world war one to witness is not what the way to peace only strength is the way to peace yet paul ryan channel seemed to be out front of military for rays hinting at so prolonged stay in afghanistan action against iran even see what do you make of that why yes. he's one of the ones who says that the only way to pieces by total world domination by total military power. and. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total lie. we are wasting vast amou
ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying...
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took credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to business man that caused them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than it is the rich presumably that means that during this recession the gap between the rich in the poor will why didn't even fire yeah that's that's already happening a real real incomes have been going down because prices have been going up a bit and of course welfare benefits are being slashed. a lot of a lot there are lots of cuts in the public services and the rich are better able to insulate themselves against some of these effects for example house prices in london haven't gone down at
took credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to business man that caused them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but...
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ryan had voted to of put iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says that the only way he says why total world domination by total military power. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total loss. and in a debate of our own crosstalk because a lot of his guests discuss just how different the candidates and their. agendas really are before shows coming your way later to say that he's a pretty. if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then you will see a huge difference america has a huge dept more than sixteen billion dollars that is more than one hundred percent of g.d.p. and the next four years will be about who pays for tha
ryan had voted to of put iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says that the only way he says why total world domination by total military power. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total loss. and in a debate of our own crosstalk because a...
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the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government sherif spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy not hugely coherent which is very important of cameron wants to regain this reputation is had in the past for huge compton's also did he address fears that the vulnerable will suffer most from the cuts and the economic strategy that he's proposing he tried but he's really the only one at this conference who did he delivered a classic conservative message she said smaller government talked about aspiration less about hard work but that's come against a backdrop of an announcement of a ten billion pound cut in the welfare budget which will affect primarily the young and the poor no talk of older people and we know in this country older people whatever their incomes are otherwise they all get a state pension they all get free travel they all get a winter fuel allowance that's not being addressed the twenty something he didn't mention which i have to
the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government sherif spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy not hugely coherent which is very important of cameron wants to regain this reputation is had in the past for huge compton's also did he address fears that the vulnerable will suffer most from the cuts and the economic strategy that he's proposing he...
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ryan had voted two of put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right and he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says that the only way to peace is wide total world domination by total military power. at the same time we're going to want to say that iran was the world's leading supporter of but terrorism proves it will impact america and saudi arabia one more terrorist organizations in the region than anybody else it's time for them to quit whining start you know that's what the american voters with the world and has a base of our own cross-talk piece of his gas discounts just how different they counted it's bad genders really are the full shows coming your way at nine fifty g.m.t. but here's a preview. if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then
ryan had voted two of put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right and he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says that the only way to peace is wide total world domination by total military power. at the same time we're going to want to say that iran was the world's leading supporter of but terrorism proves it will impact america and saudi arabia one more...
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doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flounders voted for camp something completely different that we are getting now with this federal government and friends is an economic economically socially power for a prosperous region we have we are already we have a flemish nation we have a french people you have to know that belgium is an artificial country it's really two separate countries already within belgium and we see a completely different political consensus on the federation around the world. flanders would be perfectly able to have to have an independent state and be a member of the you know european union turkey has now space syrian civilian flights a caring a symbol and by damascus it's after turkey intercepted a syrian passenger plane last wednesday claiming it was carrying russian made munitions for government forces moscow says or the cargo was only electronic equipment for rita stations and all of it the. reports. they pointed their guns
doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flounders voted for camp something completely different that we are getting now with this federal government and friends is an economic economically socially power for a prosperous region we have we are already we have a flemish nation we have a french people you have to know that belgium is an artificial...
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is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got your six which is still about fourteen percent these are all the wage jobs but this isn't because of barack obama i mean this is going to be there and don't forget also you know you think that this just suddenly happen from poor years that we're in this collapsing economy that there's no jobs through there is on this panel right now it's disingenuous to say that these job numbers are so disasters of the over that the president cooked the books on these the job numbers are fairly clear but the thing is is that if you look at obama's mindset between two thousand and eight obama and two thousand and
is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got...
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correctly that ryan had voted to of put iraq and afghanistan wars on the credit card helping to cause the deficit is actually right and he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says it's going to work he says why total world domination by total military power agree at the same time you're going to want to stay there iran was the world's leading supporter about terrorism for example impacted america and saudi arabia one more terrorist organizations in the region than anybody else it's time for them to quit whining and start you know to put the american voters with the world. in a debate over cross talk about his gas discounts just how different the candidates and their agendas really are the poll shows coming your way it's nine thirty g.m.t. but here's a preview. romney win if the republicans win the white house they will also probably keep the majority and see how wins a majority in the senate and if the republicans control all the important political positions so white house the senate and see how it was then you will
correctly that ryan had voted to of put iraq and afghanistan wars on the credit card helping to cause the deficit is actually right and he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says it's going to work he says why total world domination by total military power agree at the same time you're going to want to stay there iran was the world's leading supporter about terrorism for example impacted america and saudi arabia...
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the ryan had voted to have put the iraq and afghanistan wars on the credit card helping to cause the deficit to run is actually right he was right about that he didn't bother to say the democrats lose it for it's force ryan of course he's one of these ones who says this go the way he did he says by total world domination by total military power agreed and he at the same time you had the gall to us say that iran was the world's leading supporter of the terrorism for example in fact america and saudi arabia one more terrorist organizations in the region than anybody else it's time for them to quit whining start with the american voters with the world and debate of our own cross talk peter lawwell and his guests discuss just how different the candidates and their agendas really are a full show is coming your way next hour but right now here's a preview. if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and se
the ryan had voted to have put the iraq and afghanistan wars on the credit card helping to cause the deficit to run is actually right he was right about that he didn't bother to say the democrats lose it for it's force ryan of course he's one of these ones who says this go the way he did he says by total world domination by total military power agreed and he at the same time you had the gall to us say that iran was the world's leading supporter of the terrorism for example in fact america and...
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on our website right now israel faces a multimillion dollar lawsuit over the deficit. three man during a two thousand and ten raid on a turkish aid flotilla. plus grant how russia's space agency and the mass are planning an extended mission on the international space station in a bid to get one step closer to the red planet r.t. dot com has the details. hundreds of pakistanis joined by foreign peace activist are marching through the country in protest against u.s. drone strikes a convoy led by cricket legend and opposition from man. is having to south waziristan region plagued by insurgency and most frequently targeted by american missiles this despite warnings from pakistan's taliban militants that protesters could be targeted by suicide bombers political activist believes the rally has the full support of the people. in the lords the grand jury that region has welcomed in india the only systems that is being provided by the government which does not want to open this to exposure because for the past five years you've been hiding the fact that zones have been a region
on our website right now israel faces a multimillion dollar lawsuit over the deficit. three man during a two thousand and ten raid on a turkish aid flotilla. plus grant how russia's space agency and the mass are planning an extended mission on the international space station in a bid to get one step closer to the red planet r.t. dot com has the details. hundreds of pakistanis joined by foreign peace activist are marching through the country in protest against u.s. drone strikes a convoy led by...
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led to the economic disaster in two thousand and eight with huge tax cuts for the wealthy an enormous deficit low employment rates and president obama has a pathetic record he's the only president that has presided over three years of unemployment of over eight percent that absolutely can be changed which we know that that's what the american people want it's simply that we don't have those elected to office that are willing to take on the special interest. now hundreds of pakistanis joined by foreign peace activists marching through the country in protest against u.s. drone strikes the convoy led by cricket legend on the opposition front run him run on is heading south to waziristan it's a region plagued by insurgency and most frequently targeted by american missiles this despite warnings from pakistan's taliban militants the protesters could be targeted by suicide bombers political activist believes the rally though has the full support of the people. the lords the grand jury go out of that region has welcomed in india it would be only an assistance that is being provided by the government
led to the economic disaster in two thousand and eight with huge tax cuts for the wealthy an enormous deficit low employment rates and president obama has a pathetic record he's the only president that has presided over three years of unemployment of over eight percent that absolutely can be changed which we know that that's what the american people want it's simply that we don't have those elected to office that are willing to take on the special interest. now hundreds of pakistanis joined by...
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ryan had voted to acquit iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats will report. right and of course he's one of the ones who says that the only way to peace is why total world domination by total military power. but at the same time he had to go all to us aid there iran was the world's leading supporter of but terrorism for example impacted america and saudi arabia one more terrorist organizations in the region than anybody else it's time for them to quit whining start with the american voters with the world. and debate of our own crosstalk pay some of his gas to discuss just how different the candidates and their agendas raby on the full show is coming your way later this hour but has a pretty. if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then you will see a huge differ
ryan had voted to acquit iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats will report. right and of course he's one of the ones who says that the only way to peace is why total world domination by total military power. but at the same time he had to go all to us aid there iran was the world's leading supporter of but terrorism for example impacted america and saudi arabia one more terrorist...
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ryan had voted to acquit iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats were. right and of course he's one of the ones who says it's going the way he did he says why total world domination by total military power. but at the same time you're going to want to say that iran was the world's leading supporter of but terrorism for example impacted america and saudi arabia one more terrorist organizations in the region than anybody else it's time for them to quit whining start you know that's what the american voters will the world. we return now to our top story story of the nobel peace prize being awarded to the european union for more on the decision we're joined by host of the cause report max keiser . max thanks for joining us now and the e.u. has won for its role in uniting the continent but at a time of rising separatism and the economy in a slump how do you explain that well this is the rise of the machines this is a machine selection that chose a machine the e.u. is a tech kno
ryan had voted to acquit iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats were. right and of course he's one of the ones who says it's going the way he did he says why total world domination by total military power. but at the same time you're going to want to say that iran was the world's leading supporter of but terrorism for example impacted america and saudi arabia one more terrorist...
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responsibilities and prevent the return of the taliban al qaeda once foreign troops are gone but now with the deficit and trust that that important pella off this strategy is in question.
responsibilities and prevent the return of the taliban al qaeda once foreign troops are gone but now with the deficit and trust that that important pella off this strategy is in question.
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i think that the issue of deficit spending in the enormous debt in the us is for sure an issue i think that it's something that needs to be addressed i think so many of these issues with dad and the debt overhang and what that creates in the economy kind of creates these situations that then we do see people protesting in the streets along with kleptocracy and the kind of programs that bail out banks mind you so there is that issue but i do think that there's this kind of political rhetoric that i hear where you hear politicians like newt gingrich or pundits saying the u.s. is greece and i do think that's a kind of a disingenuous talking point because the u.s. isn't greece the u.s. is not stuck in a currency zone where it has zero control of its monetary policy i mean love it or hate it the u.s. does have a fed printing money and setting interest rates also the u.s. dollars. the global reserve currency and the u.s. is benefiting from kind of a weird global situation where the u.s. dollar and u.s. debt is kind of a safe haven even though many would argue that ultimately it isn't but the
i think that the issue of deficit spending in the enormous debt in the us is for sure an issue i think that it's something that needs to be addressed i think so many of these issues with dad and the debt overhang and what that creates in the economy kind of creates these situations that then we do see people protesting in the streets along with kleptocracy and the kind of programs that bail out banks mind you so there is that issue but i do think that there's this kind of political rhetoric...
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is actually the deficit is even going up so they're not doing what they estimated they wanted the budget to be so. and we also have the fed cheerleading that just you know think about that for a second with the fed really be pressing congress this way if the economy was was a lot stronger so no there's economic weakness everywhere it shows up in the participation rate it shows up in the fed sure lading as lee jones of in bed found it which i think we talked about any i.m.f. is way off the mark here they're going to be lowering these for gas prices i love that the headline is that the i.m.f. downgrades forgot to say these are still far too rosy we just have a minute but no one nation that the i.m.f. upgraded with the u.s. and as you said you think the u.s. is in recession we talked about that before others i talk to you think a u.s. recession is bacon a cake so what gives with i.m.f. related to every priority war of them every party so there you go late every party but make you are very much here for the party i really appreciate you being on this . show and expounding upon all of this fr
is actually the deficit is even going up so they're not doing what they estimated they wanted the budget to be so. and we also have the fed cheerleading that just you know think about that for a second with the fed really be pressing congress this way if the economy was was a lot stronger so no there's economic weakness everywhere it shows up in the participation rate it shows up in the fed sure lading as lee jones of in bed found it which i think we talked about any i.m.f. is way off the mark...